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Property profile & analytics
OFF-MARKET
Residential income homes

1600 Cardinal Ln Englewood, FL 34224

Property ID
US18-2626430
Property summary
AI-generated overview

This meticulously maintained, concrete block duplex in Englewood, Florida, presents a compelling investment opportunity or a comfortable personal retreat. Located just 3.4 miles from Englewood Beach, this property boasts two 1-bedroom, 1-bathroom units, each with an open and bright floor plan offering easy potential for conversion to two bedrooms. Recently renovated in 2023, the property features a brand-new roof, modern lighting, and central heat and air conditioning. Individual electric meters and separate laundry rooms add to the convenience, while a shared carport and large lanai provide ample space for relaxation and entertaining. A privacy fence ensures seclusion, and the property's proximity to restaurants and shopping enhances its appeal. The units have consistently maintained 100% occupancy until recently, demonstrating strong rental history. Interior updates include fresh paint, updated bathrooms, and tile flooring throughout. This turnkey property is ideal for a dual-income property, a seasonal getaway, or a profitable investment, offering a rare blend of comfort, convenience, and investment potential in a desirable location. The property includes two units, two carports, and sits on one building. The asking price is $320,000.

Property profile
Verified
Property type Residential income homes
UPID US18-2626430
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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